NOT LISTED FOR SALE

1515 Ranlo Ave Unit 3 Charlotte, NC 28204

Cherry Neighborhood

Estimated Value: $546,000 - $565,151

2 Beds
2.5 Baths
1,965 Sq Ft
$282/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $485,000 $247 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,841/month

6 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Covered Patio or Porch
  • Myers Park High Rated A
  • End Unit
  • 4-minute walk to Cherry Park

About This Home

As of February 2023

Beautiful townhome in the heart of Cherry. Close to everywhere you want to be - walk to dining, grocery, shopping, greenway trail, and only 1 mile to Uptown. 2-bed, 2.5-bath 3-floor unit is nearly 2,000 SF with walls of windows and natural light. Entering on the main level is a flex space for your home office or gym, and an expanded 2-car garage (side by side). Hardwood floors throughout the 2nd floor with an open layout to the great room, dining room, kitchen, laundry, and two balconies (one covered). Kitchen has bar seating, gas range, tile backsplash, and granite counters. Hardwoods continue onto the 3rd floor with a spacious owner's suite, secondary bedroom, and a 2nd home office or nursery. Owner's bathroom with dual vanity, garden tub and separate shower. Tankless water heater. Floor plan and measurements in attachments

Last Agent to Sell the Property

Mike Anderson

Keller Williams South Park License #219142 Listed on: 12/30/2022

Keller Williams South Park

Last Buyer's Agent

Michael S Wong

RE/MAX Executive License #291902

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,037

Year Built

  • Built in 1999

Lot Details

  • End Unit

HOA Fees

  • $508 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Electric Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Eastover Elementary School
  • Sedgefield Middle School
  • Myers Park High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Cedar Management Association, Phone Number (877) 252-3327
  • Crown View Condos
  • Cherry Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 125-113-24

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,037

Year Built

Built in 1999

Lot Details

0

HOA Fees

$508 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1999
  • Restrictions: Architectural Review,Building
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 246.82
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Linoleum, Hardwood, Tile
  • Interior Amenities: Attic Other, Cable Prewire, Garden Tub, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 283
  • Third Level Sq Ft: 841
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 841
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater
  • Above Grade Finished Sq Ft: 1965
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Screen Door(s)
  • Entry Location: Main
  • Fireplace Features: Family Room, Gas Log, Great Room
  • Living Area: 1965
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 11
  • Bedroom Third: 2

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Balcony, Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 480
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 507.7
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Crown View
  • Senior Community: No
  • Association Name: Cedar Management
  • Phone: 877-252-3327
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 6092.40

Schools

  • Middle Or Junior School: Sedgefield
  • HOA Subject To: Required

Lot Info

  • Lot Features: End Unit
  • Lot Size Units: Acres
  • Parcel Number: 125-113-24
  • Land Included Yn: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R22MF

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Eastover
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Feb 13, 2023
Sold by
Lewis Daniel Adam
Bought by
Lin Lu-Sullivan Blanche and Cord Bond Clinton
Seller's Agent
Mike Anderson
Keller Williams South Park
Buyer's Agent
Michael S Wong
RE/MAX Executive
List Price
$485,000
Sold Price
$485,000
Views
91
Current Estimated Value
$554,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,288
Avg. Annual Appreciation
4.79%
Original Mortgage
$435,000
Outstanding Balance
$421,319
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Estimated Equity
$125,949

Purchase Details

Closed on
Feb 1, 2016
Sold by
Norris Russell and Norris Stacey I
Bought by
Lewis Daniel Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,623
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2006
Sold by
Goldstein Matthew M and Morganstein Barrie E
Bought by
Norris Russell and Shadoin Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Odom Thomas L and Odom Martha
Bought by
Goldstein Matthew M and Morganstein Barrie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2000
Sold by
Kop Llc
Bought by
Odom Thomas L and Odom Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,081
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lin Lu-Sullivan Blanche $485,000 --
Lewis Daniel Adam $306,000 None Available
Norris Russell $330,000 Colonial Title Company
Goldstein Matthew M $285,000 --
Odom Thomas L $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Lu-Sullivan Blanche $435,000
Previous Owner Lewis Daniel Adam $290,623
Previous Owner Norris Russell $37,900
Previous Owner Norris Russell $350,000
Previous Owner Norris Russell $273,700
Previous Owner Norris Russell $60,200
Previous Owner Norris Russell $247,500
Previous Owner Goldstein Matthew $99,000
Previous Owner Goldstein Matthew M $175,000
Previous Owner Odom Thomas L $209,081
Closed Goldstein Matthew M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $485,000 0.0% $247 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $485,000 -- $247 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,037 $512,911 -- $512,911
2024 $4,037 $512,911 -- $512,911
2023 $3,901 $512,911 $0 $512,911
2022 $3,574 $357,400 $0 $357,400
2021 $3,563 $357,400 $0 $357,400
2020 $3,556 $357,400 $0 $357,400
2019 $3,540 $357,400 $0 $357,400
2018 $3,334 $248,500 $63,000 $185,500
2017 $3,280 $248,500 $63,000 $185,500
2016 $3,270 $248,500 $63,000 $185,500
2015 $3,259 $248,500 $63,000 $185,500
2014 $3,231 $248,500 $63,000 $185,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3929815

Canopy MLS (Canopy Realtor® Association)

APN: 125-113-24